Gas prices across the U.S. have dropped to a two-year low this holiday season. Hutchinson drivers are paying as little as $2.05 per gallon, and Litchfield residents are seeing prices at $1.75 for ...

Utility Probes Connection Between L.A.'s Deadly Eaton Fire, Inactive Power Line Evidence is emerging that an inactive power line owned by Southern California Edison ignited the Eaton fire, which ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

YENAGOA – The Organisation of Oil Exporting Countries (OPEC) has commended Nigeria and other member-countries over their conformity with the crude oil production quota for November and December 2024.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The Iranian foreign ministry's comments come after Trump said he will reimpose the 'maximum pressure' policy on Tehran like ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

Alexander Novak, Deputy Prime Minister of Russia, said that the Joint Ministerial Monitoring Committee of the OPEC+ Group of ...

Alexander Novak noted that OPEC+ ministers at the meeting had stressed the commitment and correctness of the alliance's efforts to balance the market and coordinate actions ...

The final communique noted that the OPEC+ countries, which adhere to the voluntary cuts, have paid attention to ensuring the stability of the oil market through these measures ...

LONDON (Reuters) - OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, ...